Treasurers Report February 2012

General Financial Position(to be read in conjunction with the financial statement)

The society has had what for the last few years has been a ‘normal year’ with the exception of additionally having a special event costing around £500 to celebrate its 50 years of existence. (with £250 carried over into this years expenditure for the previous years Christmas bash we have ended the year with assets around £750 less than a year ago).
To maintain a balanced budget for next year the committee may wish to look at an upward revision of annual subscriptions and/or achieve an increased membership.
Many of our costs are rising e.g. printing of the newsletter and savings may be achievable if more members were to accept their newsletter by e-mail rather than a hard copy through their letterbox(perhaps subject for future discussion). Room hire remains constant at £30 per meeting at the Castle and seems well recived as a venue.

Affiliation Fees
The society by way of maintaining its role as a ‘civic’ or ‘amenity’ group both within the Town and more broadly this year subscribed to the following organisations:-
Civic Voice £286 (includes insurance that would otherwise
cost the society).
KFAS £10
Open Spaces Society £40
Whitstable Improvement Trust £25
Whitstable Castle Trust £15

The Future
The Society remains as always as strong as the membership it enjoys. Changes and departures (most notably the elevation of 2 committee members to the role of Canterbury City Councillors) have left a somewhat depleted committee. What the Society is involved in and provides for members (and by default its expenditure) is limited by the ideas and skills of its membership as I am sure your outgoing chair will duplicate in her report. I , due to other commitments, would like to find a replacement treasurer; I did after all take on the role in a temporary capacity about ayear ago. Any takers?
The only threat to the Society is not being able to maintain its membership and thus income over the next period. Any projects beyond running costs would need to be from reserves and not taken lightly unless alternative funding could be achieved.